{"id":98535,"date":"2024-12-26T00:00:00","date_gmt":"2024-12-26T08:00:00","guid":{"rendered":"https:\/\/xira.com\/p\/2024\/12\/26\/should-lawyers-consider-a-side-hustle\/"},"modified":"2024-12-26T00:00:00","modified_gmt":"2024-12-26T08:00:00","slug":"should-lawyers-consider-a-side-hustle","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2024\/12\/26\/should-lawyers-consider-a-side-hustle\/","title":{"rendered":"Should Lawyers Consider a Side Hustle?"},"content":{"rendered":"<p>Pursuing personal projects or part-time work is not new for lawyers, but the \u201cgreat reassessment\u201d has amplified the discussion.<br \/>\nThe post Should Lawyers Consider a Side Hustle? appeared first on Articles, Tips and Tech for Law Firms and Lawyers.<\/p>\n<p><em>These days, it seems everyone has a side hustle \u2014 from the tech-obsessed associate to the partner-turned-novelist. For some lawyers, it\u2019s a necessity; they need extra income to help pay off student loans. For others, a side hustle fulfills their needs, whether a respite from the daily grind, a creative outlet\u2014 or a well-laid path to the exit door.\u00a0<\/em><\/p>\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"770\" height=\"495\" src=\"https:\/\/i0.wp.com\/www.attorneyatwork.com\/wp-content\/uploads\/2022\/08\/Side-Hustle-for-Lawyers.jpg?resize=770%2C495&#038;ssl=1\" alt=\"\" class=\"wp-image-100038360\" title=\"\"><figcaption><\/figcaption><\/figure>\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\">\n<h2>Table of contents<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.attorneyatwork.com\/should-lawyers-consider-a-side-hustle-for-lawyers\/#h-what-is-a-side-hustle\" data-level=\"2\" rel=\"nofollow noopener\" target=\"_blank\">What Is a Side Hustle?<\/a><\/li>\n<li><a href=\"https:\/\/www.attorneyatwork.com\/should-lawyers-consider-a-side-hustle-for-lawyers\/#h-benefits-of-a-side-hustle\" data-level=\"2\" rel=\"nofollow noopener\" target=\"_blank\">Benefits of a Side Hustle<\/a><\/li>\n<li><a href=\"https:\/\/www.attorneyatwork.com\/should-lawyers-consider-a-side-hustle-for-lawyers\/#h-setting-boundaries-and-goals\" data-level=\"2\" rel=\"nofollow noopener\" target=\"_blank\">Setting Boundaries and Goals<\/a><\/li>\n<li><a href=\"https:\/\/www.attorneyatwork.com\/should-lawyers-consider-a-side-hustle-for-lawyers\/#h-side-benefits-to-a-side-hustle\" data-level=\"2\" rel=\"nofollow noopener\" target=\"_blank\">Side Benefits to a Side Hustle<\/a><\/li>\n<li><a href=\"https:\/\/www.attorneyatwork.com\/should-lawyers-consider-a-side-hustle-for-lawyers\/#h-the-lawyer-s-new-normal\" data-level=\"2\" rel=\"nofollow noopener\" target=\"_blank\">The Lawyer\u2019s New Normal ?<\/a><\/li>\n<li><a href=\"https:\/\/www.attorneyatwork.com\/should-lawyers-consider-a-side-hustle-for-lawyers\/#h-lucrative-side-hustles-for-lawyers\" data-level=\"2\" rel=\"nofollow noopener\" target=\"_blank\">Lucrative Side Hustles for Lawyers<\/a><\/li>\n<li><a href=\"https:\/\/www.attorneyatwork.com\/should-lawyers-consider-a-side-hustle-for-lawyers\/#h-should-you-consider-a-side-hustle\" data-level=\"2\" rel=\"nofollow noopener\" target=\"_blank\">Should You Consider a Side Hustle?<\/a><\/li>\n<\/ul>\n<\/div>\n<h2 class=\"wp-block-heading\" id=\"h-what-is-a-side-hustle\"><strong>What Is a Side Hustle?<\/strong><\/h2>\n<p>What\u2019s the difference between a side hustle and a part-time job? Typically, a part-time job provides you with income, but your boss calls the shots, such as when you work, what your duties are and how much you\u2019ll be paid. A side hustle also provides supplemental income, but you are the boss. You develop your business and determine how much you\u2019ll work and how you\u2019ll get paid.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-benefits-of-a-side-hustle\"><strong>Benefits of a Side Hustle<\/strong><\/h2>\n<p>Why do lawyers pursue a side hustle? After all, their education has led them to one of the most honored, venerable professions. The reasons are as varied as the types of hustles going on:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Side hustles can provide a financial safety net.<\/strong> For some lawyers, especially early in their careers, an extra income is important. Law school debt can be crippling, and solo and small firm salaries can be low. <\/li>\n<li><strong>A side hustle can be a way of fulfilling your dreams. <\/strong>Maybe you want to become your own boss. Or perhaps you are saving for a big goal, such as your kid\u2019s college fund, a vacation home or travel. Your side hustle can fund these ventures while not dipping into the monthly budget.<\/li>\n<li><strong>A side hustle can be about emotional rewards.<\/strong> Exploring your hobby or passion in an intentional manner can be a release from the stress of a life in law. It can also be a way for you to enjoy your hobby or passion separate from your professional responsibilities.<\/li>\n<li>Side hustles can provide a financial safety net. A side hustle can pave the way to your next career or a fulfilling \u201clife after law\u201d plan.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\" id=\"h-setting-boundaries-and-goals\"><strong>Setting Boundaries<\/strong> and Goals<\/h2>\n<p>Law life is already more than a full-time grind for most lawyers. So, where is the free time for the side hustle coming from?<\/p>\n<p>Business guru Tony Robbins says, \u201cOne reason so few of us achieve what we truly want is that we never direct our focus; we never concentrate our power. Most people dabble their way through life, never deciding to master anything in particular.\u201d<\/p>\n<p>While we can\u2019t create more hours in the day, we can make better use of those hours. Devoting time to building the side hustle is essential, but it is just as important to set boundaries so that you can still manage a well-balanced life.<\/p>\n<p>Building your side hustle shouldn\u2019t come at the expense of your relationships with family and friends or your physical health. But the side hustle may play a part in your well-being. It might be the thing that allows you to set healthy boundaries in your law life.<\/p>\n<p>Jay Reeves, a lawyer and life coach, says that finding purpose <em>and<\/em> profits is what will allow you to establish peace of mind.<\/p>\n<p>As you set boundaries, consider the following:<\/p>\n<ul class=\"wp-block-list\">\n<li>Establishing a schedule will help you focus on your day job while finding time to build your side gig.<\/li>\n<li>Another way to set boundaries is to use technology to master time management. Set a Pomodoro timer <a href=\"https:\/\/www.attorneyatwork.com\/running-the-day-productively\/\" rel=\"nofollow noopener\" target=\"_blank\">for focused work<\/a> and use apps to block distractions from your devices.<\/li>\n<li>Create a timetable with milestones for completing a long-term project. Kanban boards can serve as a visual reminder and help you maintain focus on work-in-progress.<\/li>\n<li>Enlist an accountability partner. Having someone to bounce around ideas with can help you avoid decision paralysis and keep you moving toward your commitment.<\/li>\n<\/ul>\n<p>Dr. Robert Cialdini, author of \u201cInfluence: The Psychology of Persuasion,\u201d writes about social influence and decision-making. His studies show that peer pressure is powerful, especially when our decisions are complex. Law life can be isolating. An accountability partner is a way to step outside of yourself and share the burden of decision-making by inviting a trusted resource to talk you through your goals and implementation.<\/p>\n<p>Tony Robbins also said, \u201cOnce you have mastered time, you will understand how true it is that most people overestimate what they can accomplish in a year \u2014 and underestimate what they can achieve in a decade.\u201d<\/p>\n<p>This doesn\u2019t give you permission to ignore yearly goals; in fact, this is the argument for creating them. However, at the end of the first year, not meeting all of your goals does not equate to failure. And when you keep setting goals, you\u2019ll look back over time and see your efforts multiplying.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-side-benefits-to-a-side-hustle\"><strong>Side Benefits to a Side Hustle<\/strong><\/h2>\n<p>Mastering your law practice is not a luxury; it is a necessity. Lawyers need to be practice-area experts and build skills in developing relationships, negotiating and managing. However, these skills are transferable to many side hustles. Building a business on the side may, in fact, sharpen your skills and result in improved negotiation and management skills that benefit your law practice and your side gig.<\/p>\n<p>An additional benefit to the side hustle is the expansion of your network. Many lawyers keep their connections and referral sources tied closely to their legal network, which can limit their opportunities. Your side hustle network may help build your law practice.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-the-lawyer-s-new-normal\"><strong>The Lawyer\u2019s New Normal<\/strong>?<\/h2>\n<p>During the pandemic, many lawyers\u2014especially women lawyers\u2014were forced to leave full-time work to care for family, and others began reevaluating their career values and goals. This led to the \u201cGreat Resignation\u201d or reassessment and greater acceptance of alternative career paths for lawyers. <\/p>\n<p><strong>Enter the rise of freelance legal platforms and the lawyer side hustle. <\/strong><\/p>\n<p>With the pandemic in the rearview mirror, the Great Resignation has segued into the \u201cGreat Stay\u201d of 2024. Associate attrition rates are declining, and while competition for talent is greater than ever, more lawyers are choosing to stay with their employers longer. However, greater stability doesn\u2019t necessarily mean a return to pre-pandemic times, or eliminate lawyers\u2019 interest in pursuing side hustles. <\/p>\n<p><strong>Many lawyers still seek side hustles for various reasons:<\/strong><\/p>\n<ul class=\"wp-block-list has-background\">\n<li>To pay off substantial student loans, which remain a concern even with job stability.<\/li>\n<li>To explore creative outlets and personal interests outside of their primary legal work.<\/li>\n<li>To develop new skills or test potential career transitions without leaving their full-time job.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\" id=\"h-lucrative-side-hustles-for-lawyers\">Lucrative Side Hustles for Lawyers<\/h2>\n<p>In fact, many lawyers are pursuing profitable side gigs that complement their primary careers. Here are some of the most lucrative side hustles for lawyers today:<\/p>\n<ul class=\"wp-block-list has-background\">\n<li>Freelance legal work, which can include contract preparation, legal writing, document review and compliance work<\/li>\n<li>Bar Exam and LSAT tutoring<\/li>\n<li>Contract review services, especially in a niche area<\/li>\n<li>Freelance writing and content creation<\/li>\n<li>Mediation services<\/li>\n<li>Consulting and coaching services for other lawyers<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\" id=\"h-should-you-consider-a-side-hustle\">Should You Consider a Side Hustle?<\/h2>\n<p>Engaging in a side hustle could become the accepted status for lawyers \u2014 the new normal. The side hustle could be a career path that supplements the practice of law, enhances the lawyer\u2019s mental well-being, and ensures that the lawyer will have something to look forward to when retirement rolls around.<\/p>\n<p class=\"has-small-font-size\">Updated from an article published in 2022.<\/p>\n<p><small><small>Illustration \u00a9iStockPhoto.com<\/small><\/small><\/p>\n<h2>More Tips on Building Your Side Hustle<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.attorneyatwork.com\/starting-your-side-hustle-three-essentials-for-300\/\" rel=\"nofollow noopener\" target=\"_blank\">\u201cStarting Your Side Hustle: Three Essentials for $300\u201d<\/a> by Andrea Cannavina<\/li>\n<li><a href=\"https:\/\/www.attorneyatwork.com\/starting-your-side-hustle-three-ways-to-control-the-flow\/\" rel=\"nofollow noopener\" target=\"_blank\">\u201cStarting Your Side Hustle: Three Ways to Control the Flow\u201d <\/a>by Andrea Cannavina<\/li>\n<li><a href=\"https:\/\/www.attorneyatwork.com\/starting-your-side-hustle-pt-3-creating-your-website\/\" rel=\"nofollow noopener\" target=\"_blank\">\u201cStarting Your Side Hustle: Building Your Website\u201d<\/a> by Andrea Cannavina<\/li>\n<li><a href=\"https:\/\/www.attorneyatwork.com\/writing-as-a-side-hustle-three-lawyers-who-made-publishing-secondary-income\/\" rel=\"nofollow noopener\" target=\"_blank\">\u201cWriting as a Side Hustle: Three Lawyers Who Have Made Publishing a Secondary Income\u201d<\/a> by Tatia Gordon-Troy<\/li>\n<\/ul>\n<h2>Subscribe to Attorney at Work<\/h2>\n<p>Get really good ideas every day for your law practice: <a title=\"Subscribe to Attorney at Work\" href=\"https:\/\/www.attorneyatwork.com\/subscribe\" rel=\"nofollow noopener\" target=\"_blank\">Subscribe to the Daily Dispatch<\/a> (it\u2019s free). Follow us on Twitter @attnyatwork.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pursuing personal projects or part-time work is not new for lawyers, but the \u201cgreat reassessment\u201d has amplified the discussion. The post Should Lawyers Consider a Side Hustle? appeared first on Articles, Tips and Tech for Law Firms and Lawyers. These days, it seems everyone has a side hustle \u2014 from the tech-obsessed associate to the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-98535","post","type-post","status-publish","format-standard","hentry","category-legal_matters"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/98535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=98535"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/98535\/revisions"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=98535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=98535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=98535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}